Siemens Healthineers (ETR:SHL) Shares Down 1% – Here’s Why

Siemens Healthineers AG (ETR:SHLGet Free Report)’s share price fell 1% during trading on Monday . The company traded as low as €46.32 ($53.24) and last traded at €46.58 ($53.54). 4,619,291 shares traded hands during trading, The stock had previously closed at €47.07 ($54.10).

Siemens Healthineers Trading Down 1.7%

The company has a debt-to-equity ratio of 89.20, a current ratio of 1.25 and a quick ratio of 0.71. The business has a 50 day moving average of €46.85 and a 200 day moving average of €50.78. The firm has a market capitalization of $51.66 billion, a price-to-earnings ratio of 26.62, a PEG ratio of 1.16 and a beta of 0.70.

Siemens Healthineers Company Profile

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Siemens Healthineers AG, through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers worldwide. It operates through four segments: Imaging, Diagnostics, Varian, and Advanced Therapies. The Imaging segment provides magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound systems.

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